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Tag Archive for: Europe

Yokohama Rubber Revises Projections

Yokohama announced today (Tuesday, 28 October) that it has diminished its projections for consolidated net sales and net income in the six months period between April 1 and September 30, 2008 (the first half of the fiscal year to March 31, 2009). Now the company has reported that it expects to see net sales increase by 1.4 per cent over the same period of the previous year to 257 billion yen (1.7 billion pounds sterling – assuming 1 GBP = 149.138 JPY). It also expects operating income to decline 54.6 per cent, to 5.5 billion yen (36.9 million GBP) and for net income to decline 96.2 per cent, to 500 million yen (3.4 million GBP).

The revised projection for net sales is 2.7% lower than the projection Yokohama announced on 12 May, 2008, when the company announced its results for the previous fiscal year. The projection for operating income is unchanged from the earlier projection, and the projection for net income is 75 per cent lower.

28th October 2008/by Tyrepress Editors

Nokian Buys Two Monro Stores

Finland’s Nokian Tyres has acquired two retail locations from Monro Muffler Brake, and plans to convert them to its Vianor retail tyre outlets. The new Nokian properties are located in Brattleboro, Vt., and Keene, N.H. The two new locations gives Nokian 12 Vianor stores in the U.S. Nokian has some 470 Vianor stores in Europe. (Tire Review/Akron)

28th October 2008/by Tyrepress Editors

Deldo Offers “Interesting” Private Brands Winter Range

One of Europe’s leading distributors of winter tyres, Belgian wholesaler Deldo is offering a catalogue of 25 brands, detailing its complete product range of premium and private labels. The company already delivers to around 10,000 clients throughout Europe, and will this winter hope to increase that number by offering what the company calls an “interesting mix” in its budget label line-up.

Thanks to experience gained over many years importing tyres from Asia, Deldo is able to offer several attractive product lines. Minerva is a long-established brand name, and was introduced in 1992 as a private label. From this year Minerva is being produced by two new manufacturers, offering approximately 15 new sizes. With Rockstone (Deldo’s new exclusive brand for Europe) the budget segment has been further extended. Thanks to the introduction of the new CP-661 Roadstone (Nexen) pattern, 15 new sizes have been added to Nexen’s (already) large size range.

27th October 2008/by Tyrepress Editors

Goodyear Promotes Safety in New Ad Campaign

Goodyear is highlighting the safety aspects of its products through a new integrated advertising campaign. The advertisement, created by London based agency Leagas Delaney, utilises the iconic Goodyear blimp, portraying the airship as a flying laboratory housing a team that looks after drivers on their journey.

The safety message is bolstered by statistics highlighting the safety benefits of Goodyear’s innovations, and the campaign also introduces a new endline – ‘Safety Together’ – and a new corporate identity. The campaign will be shown across Europe, the Middle East and Africa, encompassing TV, print and point of sale.

23rd October 2008/by Tyrepress Editors

Conti Should Remain European, Says Michelin’s Miraton

Continental AG should remain European, says Michelin. The Dow Jones news service reports that the French manufacturer’s co-managing partner Didier Miraton expressed this opinion to journalists at the sidelines of a Michelin press presentation on October 17.

It is “important for us that Continental remains in Europe,” said Miraton, referring to speculation that Conti may be a potential target for competitors from Asia, such as Hankook Tire. He added that Michelin will conduct talks with interested parties about Continental, but noted that anti-trust regulations represent a considerable obstacle.

22nd October 2008/by Tyrepress Editors

Exide Develops Evolution for the Evolving Car

Today’s advanced cars require advanced batteries. It’s no longer possible to simply select a replacement battery based on size and type of vehicle alone because many other factors influence battery selection. Within a single vehicle model line-up a range of engine types, power output levels and “in-car” electrical accessories are available, and end user fitments add further uncertainty to the ‘what battery is right’ question – the demand placed upon a battery varies widely. Modern vehicles also operate in vastly differing conditions, from short but intense urban driving conditions to longer sustained driving, and regardless of driving conditions, extreme heat or cold have always been factors for consideration.

21st October 2008/by Tyrepress Editors

Dunlop Gets New Mercedes Roadster OE-Contract

Dunlop’s ultra-high performance tyre SP Sport Maxx GT has been made original equipment on the new Mercedes-Benz SL 65 AMG Black Series. The car delivers an unprecedented amount of power for a Mercedes roadster, meaning – Dunlop says – that the choice was made on the basis of the manufacturer’s experience and track record with high and ultra-high performance tyres.

Mercedes tuner AMG uses the SP Sport Maxx GT at the demanding DTM (Deutsche Tourenwagen-Meisterschaft, or German Touring Car Championship), one of Europe’s largest motorsport events. The new powerful two-seater road version, which continues AMG’s successful Black Series strategy, follows the appearance of famous AMG sports cars, such as the DTM CLK-Class or the CLK-GTR from the 1997 FIA GT-Series. Mercedes believes that the AMG 6.0-litre V12-Biturbo engine – with a maximum power of 493 kW (670 hp) – promises performance at the highest sports car levels and fulfils the expectations of the most demanding driving enthusiasts.

21st October 2008/by Tyrepress Editors

Volvo Trucks UK Fits Monityre TPMS to Training Vehicle

With fuel economy now an integral part of commercial vehicle driver training, Volvo Trucks’ official UK truck importer recently fitted the latest Monityre tyre pressure monitoring system (TPMS) from Safe Europe plc to one of its driver training vehicles.

“We talk about the importance of having the correct tyre pressures on your vehicle as part of our overall fuel economy training programme. By having the Monityre TPMS fitted to this Volvo FH-440 tractor unit, drivers can literally keep an eye on the Monityre in-cab display while undergoing their full driver training tuition. All participants using this vehicle get to see the tyre pressure monitoring system in operation, which we believe is part and parcel of any driver training programme,” said Andy Collett, Truck Evaluation Manager at Volvo Trucks.

21st October 2008/by Tyrepress Editors

Michelin to Increase Capacity in Romania

Production capacity at Michelin’s facilities in Romania will be expanded in order to make the country’s operations a strategic centre for the supply of tyres to Southeast Europe. Bucharest based daily newspaper Curierul National quotes Michelin co-managing partner Didier Miraton as stating “Romania is important to us and we intend to produce more, to turn the factories that we have there into a strategic point for South-Eastern Europe, through which we will provide tyres to the countries in the region.” Specific details of the intended capacity or the value of Michelin’s investment in the expansion were not given.

20th October 2008/by Tyrepress Editors

Price Reductions Make Motrio Batteries Even Better Value

Motrio, Renault-owned the all-makes parts specialist, has announced significant price reductions across its range of aftermarket batteries. The company believes this reductions positions the its products as one of the most competitive battery ranges in the market place.

Manufactured to matching OE standards and designed to conform with Norm E.N 60095 requirements, when selecting the Motrio battery range the independent garage trade can be certain they are fitting a premium product at a competitive price, says the company, and therefore be certain they are providing motorists with excellent value-for- money. A wide product range allows for product compatibility with the vast majority of applications across the UK car parc, and Motrio batteries come with a three-year unlimited mileage warranty.

17th October 2008/by Tyrepress Editors

Conti Team Runs for Charity

On your mark! – Get set! – Go! October 11 was ContiRunning Day 2008, a day on which some 10,000 Continental employees in sixty different locations ran or walked for a good cause. Events were staged under the motto “Fit for the Future” and Conti reports the day was a huge success. Employees from twenty countries took part in the event, which started in Asia, then continued in Europe and finished off in America.

16th October 2008/by Tyrepress Editors

Bridgestone Returns as Title Sponsor of UK NFL Match

American football fans in the UK rejoice – the NFL is returning to our shores, once again with title sponsorship from Bridgestone Firestone North American Tire. The company announced on October 13 it has returned for a second season as title sponsor to the Bridgestone International Series.
The Bridgestone brand, which also is the “Official Tire of the National Football League” and title sponsor of the Bridgestone Super Bowl Halftime Show, will play a key role in the promotion of the San Diego Chargers-New Orleans Saints game to be played at London’s Wembley Stadium on October 26. Bridgestone’s involvement will include field-level LED boards with brand logos, stadium signage, presenting sponsorship of the pre-game show on Sky Sports, video board features and print programme advertisements.

14th October 2008/by Tyrepress Editors

Alzen Claims Nordschliefe Record in Hankook-Shod Porsche

The official lap record on the legendary 20,793 km Nordschliefe is now four seconds lighter following the exploits of German racer Jürgen Alzen and his Hankook tyres-shod Alzen-Porsche Turbo at 2008’s Circuit-Racing Challenge Nürburgring. Clocking in at 7-dead in the “Green Hell” came the team-owner and driving engineer of the Hankook H&R-Spezialfedern team, Alzen, whose brother Uwe held the previous record of 7:04 for five years.

“I am very proud of this record, as it clearly reflects the power as well as the future potential of our total package,” exclaimed a very satisfied Alzen after crossing the finish line. “Special praise also goes to Hankook Tire who once again managed to do a sensational job. The degree of grip, stability and driving performance that working with Hankook for the past two years has brought about is simply sensational. Hankook tyres always fit as if they were tailor made for every single lap.”

14th October 2008/by Tyrepress Editors

European Truck Market to Fall 20.7% in 2009

Europe’s heavy truck market is predicted to slow 20.7 per cent to 255,800 units in 2009 according to some forecasts. According to Automotive World’s research 2009 will prove to be “the worst for truck sales in recent history.” No return to the almost 350,000-unit market witnessed in 2007 is seen on the forecast horizon that extends to 2013. The report also warns that the positive impact on sales derived from a boom in Eastern Europe is now on the wane and that the 2004 EU accession countries “now appear to have entered a replacement rather than a growth cycle.”

14th October 2008/by Tyrepress Editors

Cooper to Supply British Formula 3

Tyre supply and title sponsorship for the British Formula 3 International Series, the domain of Avon Tyres since 1982, will be handed over to parent company Cooper Tire as of next year.

“Through our many years in British F3 with the Avon brand, we know that it is a genuine stepping stone of great drivers on the way to F1, and therefore requires the very best components in every area,” said Cooper Europe managing director Julian Baldwin. “Avon Tyres is very well established in British and European motor racing and, as Cooper Tire grows as a brand in Europe, we want it to stand for the same standard of quality. Cooper’s racing tyres deserve to be allied with a high-profile championship in Europe and you don’t get much bigger than British F3.”

13th October 2008/by Tyrepress Editors